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Question 2 Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a
Question 2 Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below. MP3 Player Division Tablet Division Total Sales $748,800 $421,200 $1,170,000 Variable costs 546,624 231,660 778,284 Contribution $202,176 $189,540 391,716 margin Fixed costs 135,594 $256,122 Net income Your answer is correct. Determine sales mix percentage and contribution margin ratio for each division Sales Mix Percentage 64 % Tablet division 36 MP3 Player division Contribution Margin Ratio Tablet division 27 % MP3 Player division 45 % Calculate the company's weighted-average contri bution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.) 33.48 Weighted-average contribution margin ratio SHOW SOLUTION SHOW ANSWER LINK XT VIDEO: SIMILAR EXERCISE xYour answer is incorrect. Try again Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to O decimal places, e.g. 1,526.) 45397 Break-even point LINK TO TEXT VIDEO: SIMILAR EXERCISE Your answer is incorrect. Try again Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to 0 decimal places, e.g. 1,526.) Break-even point Tablet division 2592 MP3 Player division 1458
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